H.I.G. Infrastructure Completes Sale of EYSA Group to Tikehau Investment Management

H.I.G. Infrastructure Completes Sale of EYSA Group

H.I.G. Capital, a leading global alternative investment firm managing $70 billion in capital, has successfully completed the sale of the EYSA Group to Tikehau Investment Management SAS. This strategic move positions EYSA, which specializes in intelligent and sustainable mobility solutions, for continued innovation and growth in over 30 countries.

Headquartered in Madrid, EYSA has transitioned from being a traditional parking operator into a burgeoning international platform focused on smart mobility. This transformation was accelerated during H.I.G.'s ownership since their investment began in May 2022, during which several strategic initiatives were enacted. These included a comprehensive repositioning of EYSA’s service offerings, which now incorporate advanced sustainability initiatives and AI-supported solutions to enhance operational efficiencies.

Under H.I.G.'s tenure, EYSA's EBITDA more than doubled, confirming its status as a leading provider in the mobility sector in Spain and abroad. The company is strategically situated to capitalize on significant trends in investment dedicated to smarter and more sustainable infrastructure solutions.

Andrew Liau, Head of Europe Infrastructure at H.I.G., praised the EYSA team, noting their remarkable transition from a single-market operator to a global player in sustainable mobility solutions. He highlighted the attractiveness of investment returns stemming from this exit, reflecting the strategic positioning and operational successes achieved during the ownership.

Javier Delgado, CEO of EYSA, expressed gratitude for H.I.G.'s role in positioning the company for leadership within the market. He emphasized how H.I.G. facilitated entry into high-growth markets, thereby fortifying EYSA's ability to assist urban areas in their transition towards automated and environmentally friendly solutions. As EYSA moves forward, it is poised for the next chapter in its growth journey.

EYSA boasts a comprehensive array of critical mobility solutions, which include street and parking services, toll collection, traffic management, and environmental zones. The company is well-positioned to benefit from long-standing trends as clients increasingly recognize the value of EYSA’s integrated offerings. These services aim to meet essential sustainability goals, such as reducing congestion and pollution while enhancing traffic safety and generating additional revenue for public sectors.

By 2024, EYSA is expected to operate approximately 330,000 parking spaces across a diversified portfolio encompassing more than 270 contracts. More details about their services can be found on their website at eysaservicios.com.

About H.I.G. Capital

Founded in 1993, H.I.G. Capital is recognized as one of the world's top alternative investment firms, managing $70 billion in capital. With headquarters in Miami and offices in cities across the U.S. and Europe, H.I.G. specializes in providing debt and equity capital to middle-market companies through a flexible, operationally-focused approach.

H.I.G.’s investment strategies include management buyouts, recapitalizations, and corporate divestitures, catering to both profitable and underperforming companies in various sectors. Their credit funds focus on senior, unitranche, and subordinated debt investments while also managing a publicly-traded investment firm, WhiteHorse Finance. Furthermore, H.I.G. Infrastructure focuses on value-added and core-plus investments in the infrastructure sector.

Since its inception, H.I.G. has invested in over 400 companies globally, with a current portfolio consisting of more than 100 firms producing a total revenue exceeding $53 billion. For additional information about H.I.G. Capital, please visit their website at hig.com.